Ecuador Clarifies Temporary Special Contribution Tax on Assets Applies for Trusts and Investment Funds
Ecuador's Internal Revenue Service (SRI) recently issued Circular No. NAC-DGECCGC22-00000002, clarifying the scope of the temporary special contribution tax on assets that was introduced by the Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic. As previously reported, the special contribution applies for companies with net assets of at least USD 5 million as on…
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